The rise of women and their impact on firms' performance

Charbel Salloum (), Georges Azzi, Catherine Mercier-Suissa () and Stephanie Khalil
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Charbel Salloum: USEK - Université Saint-Esprit de Kaslik
Georges Azzi: LPA-GBMI - LABORATOIRE DE PHYSIQUE APPLIQUEE, Groupe des Biomatériaux et des Matériaux Intelligents - UNIVERSITE LIBANAISE Faculté de Sciences II
Catherine Mercier-Suissa: MAGELLAN - Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon
Stephanie Khalil: Manufacturing System Integration (MSI) Research Institute, Wolfson School - Loughborough University

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Abstract: This paper aims to understand how the presence of women in management positively affects firms' financial performance. In order to validate our hypotheses, we used a quantitative method to collect data and performed an inquiry by surveying the top 30 Lebanese firms. The results showed that the presence of women in management in Lebanon is not positively correlated with firms financial performance. Women occupying high managerial positions are most probably a member of the family owning the business, and therefore they are not directly concerned with the management of the business. Moreover, a large number of the surveyed females in our sample are married. Consequently, their priorities change, and they put their family before their career development.

Keywords: women managers; managerial structures; glass ceiling; financial performance; female managers; firm performance; Lebanon; family business; family firms; family priority; career development. (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (3)

Published in International Journal of Entrepreneurship and Small Business, 2016, 27 (2/3), pp.213-246. ⟨10.1504/IJESB.2016.073976⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01265940

DOI: 10.1504/IJESB.2016.073976

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